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Mazda and Fiat announce cooperation programme

Mazda Motors and Fiat have signed MoU for manufacturing of a new roadster for Mazda and Alfa Romeo. Mazda Motor Corporation and Fiat Group Automobiles have signed a non-binding Memorandum of Understanding (MoU) for the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda s next-generation MX-5 rear-wheel-drive architecture. The study calls for both Mazda and Fiat to develop two differentiated, distinctly styled, iconic and brand-specific light weight, roadsters featuring rear-wheel drive. The Mazda and Alfa Romeo variants will each be powered by specific proprietary engines unique to each brand. The project assumption is that both vehicles will be manufactured at Mazda s Hiroshima, Japan, plant with production for Alfa Romeo envisaged starting in 2015. "Establishing technology and product development alliances is one of Mazda s corporate objectives and this announcement with Fiat is an important first step in that direction. It is esp...